PGIM Ultra Short Bond ETF $PULS Shares Acquired by Bouvel Investment Partners LLC

Bouvel Investment Partners LLC increased its stake in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 95.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 324,769 shares of the company’s stock after acquiring an additional 158,734 shares during the period. PGIM Ultra Short Bond ETF makes up about 3.8% of Bouvel Investment Partners LLC’s holdings, making the stock its 2nd largest holding. Bouvel Investment Partners LLC owned about 0.08% of PGIM Ultra Short Bond ETF worth $16,063,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Anchor Investment Management LLC grew its stake in PGIM Ultra Short Bond ETF by 49.6% during the 2nd quarter. Anchor Investment Management LLC now owns 751 shares of the company’s stock worth $37,000 after purchasing an additional 249 shares in the last quarter. PVG Asset Management Corp raised its position in PGIM Ultra Short Bond ETF by 5.7% in the 2nd quarter. PVG Asset Management Corp now owns 5,573 shares of the company’s stock valued at $276,000 after purchasing an additional 302 shares in the last quarter. Friedenthal Financial raised its position in PGIM Ultra Short Bond ETF by 2.0% in the 1st quarter. Friedenthal Financial now owns 19,046 shares of the company’s stock valued at $943,000 after purchasing an additional 377 shares in the last quarter. KPP Advisory Services LLC raised its position in PGIM Ultra Short Bond ETF by 10.3% in the 1st quarter. KPP Advisory Services LLC now owns 5,350 shares of the company’s stock valued at $265,000 after purchasing an additional 500 shares in the last quarter. Finally, Legacy Wealth Managment LLC ID boosted its stake in shares of PGIM Ultra Short Bond ETF by 8.2% in the 2nd quarter. Legacy Wealth Managment LLC ID now owns 6,726 shares of the company’s stock valued at $333,000 after buying an additional 508 shares during the period. 72.71% of the stock is currently owned by hedge funds and other institutional investors.

PGIM Ultra Short Bond ETF Stock Performance

Shares of PULS traded down $0.01 during midday trading on Tuesday, hitting $49.53. The company had a trading volume of 5,942,215 shares, compared to its average volume of 2,877,250. PGIM Ultra Short Bond ETF has a 1 year low of $49.45 and a 1 year high of $49.83. The firm has a market capitalization of $19.57 billion, a P/E ratio of -23.81 and a beta of 0.02. The company’s 50-day simple moving average is $49.59 and its 200-day simple moving average is $49.61.

About PGIM Ultra Short Bond ETF

The PGIM Ultra Short Bond ETF (PULS) is an exchange-traded fund that is based on the ICE BofAML USD Libor 3 Month index. The fund is an actively managed bond fund that specializes in short-term, high-credit-quality debt securities denominated in US dollars. The fund seeks total return that is consistent with capital preservation. PULS was launched on Apr 5, 2018 and is managed by PGIM.